GHANA STOCK EXCHANGE – BACK TO THE FUTURE?

SOME TIME AGO, THE GHANA STOCK EXCHANGE WAS ONE OF THE BEST IN AFRICA. LAST YEAR, IT DROPPED, AND DROPPED, AND DROPPED… IN 2020, HAS THE TIME COME NOW WHEN WE CAN SAY “GHANA STOCK EXCHANGE – BACK TO THE FUTURE”?

AFTER THE BIG DROPS DURING THE LAST YEAR, THE TWO INDEXES RECOVERED SOMEWHAT. IN THE LAST DAYS OF THE LAST YEAR AND THE FIRST DAYS OF THE NEW THEY ARE STABILE. THAT MEANS BOTH INDEXES HAVE FINALLY FOUND THEIR GROUND, AND MIGHT BE ON THE WAY UP.

REASONS TO SUPPORT THIS ARE PRESENT ALL OVER THE ECONOMY. STARTING WITH THE FINANCIAL INDEX, THE SECTOR HAS SURELY STABILISED. SOME PEOPLE WILL EVEN SAY THE BANKS MAKE TOO MUCH PROFITS. THEY SHOULD REDUCE THE LENDING RATES FOR THE CUSTOMERS TO BENEFIT FROM CHEAPER LOANS.

ALSO THE MACROECONOMIC DATA – EXCEPT THE FISCAL OPERATIONS – HAVE DEVELOPED WELL. IN THE NON-FINANCIAL SECTOR, ONE OF THE MAJOR PROBLEMS LIES IN THE MANAGEMENT. MANY OF THE COMPANIES LISTED  ON THE STOCK EXCHANGE HAVEN’T MOVED A BIT IN RECENT TIMES. FOR SOME OF THEM, THIS STATEMENT IS EVEN VALID FOR YEARS. SUCH A BEHAVIOUR DOESN’T SPEAK POSITIVE FOR THE VARIOUS COMPANIES CONCERNED.

NONETHELESS, I SEE THE COMING YEAR POSITIVE FOR THE GHANA STOCK EXCHANGE. ONE REASON IS ALSO THE BUSINESS CONFIDENCE INDEX WHICH ROSE IN THE LAST MONTHS. THE CONFIDENCE INDEXES ARE POINTING TO THE FUTURE DEVELOPMENT OF THE ECONOMY. FURTHERMORE, THE BUSINESS CONFIDENCE INDEX USUALLY PRECEDES THE CUSTOMER CONFIDENCE INDEX.. THAT MEANS A DEVELOPMENT IN THE FORMER WILL LATER REFLECT IN THE LATTER.

AND THERE ARE ENOUGH COMPANIES ON THE GHANA STOCK EXCHANGE WHICH WILL AND CAN BENEFIT FROM A POSITIVE MACROECONOMIC DEVELOPMENT. A POSITIVE MACROECONOMIC DEVELOPMENT WILL IN THE NEXT TWO TO THREE YEARS ALSO REFLECT IN THE INCOME OF GHANAIANS. THAT MEANS THAT THERE WILL BE MORE MONEY FOR FINANCIAL INVESTMENTS. AND THIS, IN TURN, WILL ALSO BENEFIT THE COMPANIES ON THE GHANA STOCK EXCHANGE. THESE ONES WILL BE PART OF THE FINANCIAL INVESTMENT, ESPECIALLY FROM INSTITUTIONAL INVESTORS LIKE SSNIT.

ALL IN ALL, I SEE THE PERSPECTIVE FOR THE GHANA STOCK EXCHANGE POSITIVE. YOU SHOULD PARTICIPATE IN A POSITIVE DEVELOPMENT BY BUYING STOCKS THROUGH A LICENSED BROKER. YOU CAN ALSO INVEST IN FUNDS THAT BUY SHARES OF COMPANIES LISTED ON THE GHANA STOCK EXCHANGE.

BE PART OF THE SUCCESS STORY – INVEST ON THE GHANA STOCK EXCHANGE!

GHANA STOCK EXCHANGE – BACK TO THE FUTURE? YES!!!!!!!!!!!!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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